Tuesday, January 23, 2007

In-Migration into Alberta

It is tough to argue that Edmonton's population is growing. Longer lineups, more traffic, and of course the construction of new homes. But how much of is Edmonton growing, and how much of the new home construction are 'real' buyers rather than speculators building spec homes?



Statscan recently released their net-interprovincial figures. While Alberta recorded a net increase from interprovincial migration of 24,500 in the third quarter, an estimated 22,800 people left Alberta, compared with 16,800 in the same quarter last year. This was the highest third-quarter loss for Alberta since 23,600 in 1989.


The third annual international survey of housing affordability conducted by recently conducted listed Edmonton as 10th, ahead of Calgary (14th) but well behind Regina who was first in affordability.

Are people finally fed up with out rising inflation and housing costs? Should we expect to see more leave the Alberta?

4 comments:

Van Housing Blogger said...

Cool graph!!

Uncertain Buyer said...

I lived in Calgary for about six years and moved BC with my parents.

I liked Calgary but would never think of moving to Alberta now, due to the price of housing.

I know people who moved from Vancouver a few years ago to Calgary to get a better deal on housing. What attracted them was their money would go further. That is just not the case now.

Anonymous said...

This is why everyone is homeless in Edmonton. I saw a story on global today about trailer park living. I can see more trailer parks appearing in the outskirts of Edmonton.

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